To analyze competitive developments, such as joint ventures, mergers & acquisitions, and expansion activities in the global market

The years considered for the study are:

Base Year – 2015

Estimated Year – 2016

Projected Year – 2021

Forecast Period – 2016 to 2021

For company profiles in the report, 2015 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.

Research Methodology

The research methodology used to estimate and forecast the global cold storage construction market begins with capturing data on key vendor revenues through secondary research. Vendor offerings are also taken into consideration to determine the market segmentation. After arriving at the overall market size, the total market was split into several segments and subsegments, which were later verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The breakdown of profiles of primaries is depicted in the figure below.

This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

Scope of the Report: This research report categorizes the global cold storage construction market on the basis of storage type, application, and region, forecasting revenues as well as analyzing trends in each of the submarkets.

On the basis of storage Type:

Production Stores

Bulk Stores

Ports

Others

On the basis of Application:

Food & Beverages

Medical Products

Chemicals

Others

On the basis of Region:

Asia-Pacific

Europe

North America

Middle East & Africa

Latin America

The following customization options are available for the report:

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

Product Matrix, which gives a detailed comparison of product portfolio of each company

Geographic Analysis

Further breakdown of the rest of APAC and the rest of Europe cold storage construction market

The global cold storage construction market is projected to reach USD 10.47 Billion by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth is mainly attributed to the growth in the international trade of perishable and processed foods, growing consumer demand for temperature controlled items, and government support for development of cold stores.

Among all storage types, the production stores segment is the fastest-growing storage type segment in the market owing to food protection throughout the production process including raw material, semi-finished, and finished products in cold stores. These are typically located in areas where the products are manufactured/procured.

The food & beverages segment accounted for the largest share of the global cold storage construction market in 2015. Globally, the food & beverages segment is witnessing high demand due to economic growth and urbanization, along with sophisticated marketing channels which have led to significant changes in usage patterns.

Asia-Pacific accounted for the largest share of the global market in 2015, and is expected to continue its dominance till 2021. India, China, Japan, and Indonesia led the Asia-Pacific cold storage construction market in 2015. Among all countries in Asia-Pacific, this market in India is projected to grow at the highest CAGR between 2016 and 2021, owing to the increasing awareness about the prevention of food wastage, growth in the organized retail sector, rising consumer demand for perishable goods, and increasing government support & initiatives in cold storage construction.

The factors inhibiting the growth of the global cold storage construction market are rising infrastructure, energy, and maintenance costs, and governmental regulation on refrigerants. Key market players operating in the global market, such as AmeriCold Logistics (U.S.), Preferred Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.), and Nichirei Logistics Co., Ltd. (Japan), among others, have adopted various strategies to increase their market share. Technological developments such as Warehouse Management System (WMS), automated loading and unloading system, and efficient palletizing and racking of the products have also been undertaken by the players operational in the market. Recently, due to increasing foreign investments across various sectors, the number of organized cold stores has increased, along with the acceptance of new technology by various end users in cold storage construction. Agreements/contracts/partnerships, new product/technology launches, expansions and acquisitions are some of the key strategies adopted by market players to achieve growth in the global cold storage construction market.

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